Full Palm view suite / management fee from 10% / Beach resort

We are offering Hotel Suites ranging from AED 2,800,000- AED 4,000,0000 and operated by Wyndham Hotel group

These suites come with expected net revenue 7-10% yearly

Perfect investment opportunity!

*Applicable fees payable by the Buyer to Dubai Land Department is 4% of the net property price

*Suites are subject to 5% VAT

*Management fee is currently 10% on the revenue plus an incentive fee of up to 10% of the net profit if the unit is profitable (0% if not).

*Up to 14 days suite reserved for exclusive use by the buyer

Balqis Residence is located in Palm Jumeirah in arguably the prime spot on the archipelago with stunning views of both the Dubai skyline as well as the Arabian Gulf. Architecturally themed in a style reminiscent of the romantic period of history surrounding the Queen of Sheba, Balqis Residence is sited at the top of the Crescent within easy reach of the city. The Crescent of Palm Jumeirah is considered the very pinnacle of beachfront living in Dubai and Balqis offers investors and homeowners the opportunity to achieve that rarest of lifestyles with peace and tranquility of a private resort amidst the bustle of city life.

PROPERTY FEATURES:
-Balcony
-Basement parking
-BBQ area
-Broadband ready
-Broadband ready
-Built in wardrobes
-Central air conditioning
-Community View
-Covered parking
-Fully fitted kitchen
-Fully furnished
-Gymnasium
-Intercom
-Kitchen white goods
-Landscaped Garden
-Laundry/washing room
-Marble floors
-On high floor
-Upgraded interior
-View of sea/water
-24 hours Maintenance
-Bank/ATM Facility
-Beach Access
-Clubhouse

Property Information

TypeHotel Apartment
PurposeFor Sale
Reference no.Bayut - KWD-S-2048
CompletionReady
Average Rent
Added on7 April 2022

Features / Amenities

Furnished

Balcony or Terrace

Parking Spaces

View

+ 7 more amenities

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